The markets for due for a correction and that is what we are seeing now. Trump effect does it act as a trigger for a more pronounced correction or it something for the very short term.
1. The maximum correction so far has been 200 points. This takes us to 9330. If it is a wave correcting the entire up move then it will last much longer and one can expect the election gap of 8940 to be tested.
2. Domestically, there are no major triggers in the coming months.
3. This is a bull market no mistake about it and every correction is a buying opportunity.
4. The Pharma and the IT stocks are in a prolonged bear market and they will take some time to recover.
5. The eventual targets for this markets on the Nifty are between 10500 and 12000/
6. The markets will follow the US market moves which will follow the antics of Donald trump It is not that easy to impeach a US President.
7. The GST rates announced are fair and reasonable.
8. Gold prices can spike up on every Trump crisis that erupts.
Every dip is a buying opportunity and the smooth rollout of GST will be watched. The onset of Monsoons will be an important trigger for the markets.
1. The maximum correction so far has been 200 points. This takes us to 9330. If it is a wave correcting the entire up move then it will last much longer and one can expect the election gap of 8940 to be tested.
2. Domestically, there are no major triggers in the coming months.
3. This is a bull market no mistake about it and every correction is a buying opportunity.
4. The Pharma and the IT stocks are in a prolonged bear market and they will take some time to recover.
5. The eventual targets for this markets on the Nifty are between 10500 and 12000/
6. The markets will follow the US market moves which will follow the antics of Donald trump It is not that easy to impeach a US President.
7. The GST rates announced are fair and reasonable.
8. Gold prices can spike up on every Trump crisis that erupts.
Every dip is a buying opportunity and the smooth rollout of GST will be watched. The onset of Monsoons will be an important trigger for the markets.
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